The unpredictable financial implications of constructing, running, decommissioning plants and handling risks are causing a global rethink on nuclear energy
For a professed proponent of liberalisation and free trade, Prime Minister Manmohan Singh’s penchant for a technology that cannot float without subsidies is telling. Nuclear power’s unfavourable economics are not lost on Dr. Singh.
Recently, Westinghouse Electric and Nuclear Power Corporation of India Limited (NPCIL) signed a (…)